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This week's inflation data further complicates things for the Fed in terms of cutting interest rates. Read more here.
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...
Chicago Federal Reserve Bank President Austan Goolsbee on Friday left the door open to supporting an interest-rate cut in ...
"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...
The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation ...
Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...
Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus ...
Wholesale prices increased in July at the quickest pace since February, as economists are keeping a sharp eye on inflation ...
Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Inflation spike backs Fed into corner on key ...
Producer prices in US rose sharply in July, reigniting concerns over inflation persistence as Fed rate cuts were being priced in. PPI up 0.9% month over month, core PPI up 0.9%, and services prices ...
Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, appliances, and toys, which could make it harder for the Federal Reserve ...
US stocks close higher, with S&P 500 and Nasdaq scoring record highs. Tame inflation seen giving Fed room to cut rates next month to lift job market.